The Australian housing market – what are the key issues? The cooling in the Sydney and Melbourne property markets evident in late 2015 in response to macro prudential tightening deployed by APRA has proved ephemeral. Price gains have reaccelerated and auction clearance rates & lending to property investors have rebounded. Over the last five years…

Economics overview Australia The Reserve Bank of Australia (RBA) Board met on 4 April and as widely expected, left the official cash rate on hold at 1.5%. At the time of writing the RBA also left the official cash rate on hold at its 2 May 2017 meeting. There has been no change in the…

Market Update United States US equities rose over the month with the S&P 500 recording a gain of 1.9%, achieving a new all-time high, as did the Dow Jones Industrial Average, which surpassed 20,000 for the first time. The market continued to react positively to the plans of newly inaugurated President Trump to cut taxes,…

“In America, anyone can become President. That’s the problem.”  ~ George Carlin  The political circus has ended, the campaign tent is now folded. Americans have elected Donald Trump as their new President. President Trump will lead an economy with deep problems and mixed prospects. The narrow victory for President Trump reveals a divided nation. Many American…

Leave Campaign wins the Referendum The United Kingdom (UK) has voted to leave the European Union (EU) in a shock decision that has sent global markets plummeting. It has been over 40 years since the UK last voted to stay in the EU and sentiment towards the common market has shifted dramatically. Whilst the margin…

Economic Update

Read the latest monthly market update – covering economic and investment market issues from Australia and across the globe. MARKET AND ECONOMIC OVERVIEW Australia As mentioned in the last edition of Market Watch, the Reserve Bank of Australia (RBA) cut the official cash rate from 2% to 1.75%, a new all-time low, at their May…

In late February, David Cameron, the Prime Minister of the United Kingdom (UK) announced June 23rd as the date for a referendum on the country’s membership of the European Union (EU). This followed a lengthy attempt to renegotiate the conditions of the UK’s membership and growing calls from MP’s who asserted that the UK had…

Economic Update

Read the latest monthly market update – covering economic and investment market issues from around the world, as well as locally. MARKET AND ECONOMIC OVERVIEW Australia –  The Reserve Bank of Australia (RBA) left the official cash rate on hold at 2% on 1 March 2016 – where it has remained since May 2015. The…

Economic Update

MARKET AND ECONOMIC OVERVIEW Australia The Reserve Bank of Australia (RBA) left the official cash rate on hold at 2% at its meeting on 6 October 2015 and again on 3 November 2015 – where it has remained since May this year. In announcing the November policy decision the RBA delivered a balanced assessment of…

Economic Update

MARKET AND ECONOMIC OVERVIEW Australia The Reserve Bank of Australia (RBA) cut the official cash rate from 2.25% to 2.00% on 5 May; this was largely expected by financial markets. The RBA subsequently left the official cash rate on hold on 2 June. The RBA noted that “the global economy is expanding at a moderate…

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